The holidays specified in the below charts refer to the day on which the Exchange observes the applicable holiday. The Exchange will typically close at 12:15 p.m. on July 3 (the day before Independence Day) and December 24 (Christmas Eve).
The actual impeachment of a President is the sole power of the House of Representatives. Once a President is impeached, the power of removing the President shifts to the U.S. Senate. The House of Representatives starts the impeachment process by publicly investigating the charges and holding hearings.
In the United States, the articles of impeachment are drafted by the House of Representatives for cases involving federal officials. Once drafted, a supermajority of the United States Senate is required to convict based on the articles. Articles of Impeachment against Richard Nixon, 1974.